US drugmaker Gilead Sciences will invest 60.0 million euros ($80.6 million) in developing a new world-class pharmaceutical plant at Grange Castle Business Park, Clondalkin, Ireland. Among the California, USA-based firm's activities sited in the country are product manufacture, packaging and distribution and the supply of anti-HIV medications to developing countries as part of the Gilead Access Program, which provides drugs to developing countries at reduced prices. The development of the new site will involve the relocation of the company's current facilities and over 80 staff from the Sandyford Industrial Estate to Grange Castle Business Park. Gilead is relocating as its current facilities have reached maximum capacity and are no longer able to meet its growth targets and manufacturing demands. An additional 80 jobs are expected to be created in line with the company's expansion plans. In addition, the development will consider potential expansion requirements at the plant for a financial shared-services center and tabletting facility.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze